Great article, but now my question is: Why is there so little similar information and discussion (AFAIK) of the state of slavery capitalism before the Civil War, during, and just after?
(My guess: because rich white men wanted it that way.)
Unless he’s talking about the Space Oddity guy who prefers to go by his military rank.
It was fairly recently that the Insurance companies opened their records on slavery-era activities, either voluntarily, or because they were required to.
“Ground Control to Uncle Tom…”
(the maintenance guy who accidentally sealed himself in the capsule and wound up in space)
That was Major Tom
Mr Tom was one of the people behind these rave and hardcore classics
I’d forgotten what a great cut Sesame’s Treet was.
Woo-wee, a whole 508 policies.
I did some ballpark calculations to scale the mortgage slave capitalism.
| Number | Total | Today $32.89 | Notes | |
|---|---|---|---|---|
| Slave mortgages | 250,000 | 250,000 | Ballpark number, probably undershooting | |
| Price per person | $750 | $187,500,000 | $6,166,875,000 | Mortgage total |
| Fractional Reserve Banking | 5% | $3,750,000,000 | $123,337,500,000 | Sloshing weight in the investment world |
That’s an out-of-my-ass guess at the number of mortgages. It could easily be much larger. The price per person (spit!) is rough but probably not too bad. The fractional reserve % might be smaller depending on how loose the rules were at the time.
That’s quite a total that would have to be written off, for the Confederate Act of Sequestration in 1861, and then for the Emancipation Proclamation.
And they don’t talk about it.
Thank you! I found this one in a census where the family tax evasion was known. My late mother had no reason to lie to me when she said that the Waterhouse family was the same one who eventually plowed their polluted profits into Price Waterhouse bean counters.
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